Lender profile · HMDA 2023–2025
First Commonwealth Bank mortgage approval rates & lending data
First Commonwealth Bank decided 11,615 mortgage applications and funded 8,168 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 94% | 3,002 / 3,208 | 94% | $185K | 2,822 |
| Home improvement loans | 66% | 2,723 / 4,145 | 92% | $55K | 2,514 |
| Cash-out refinance | 81% | 63 / 78 | 89% | $175K | 56 |
| Refinance | 73% | 2,602 / 3,570 | 92% | $105K | 2,397 |
| Investment property purchase | 83% | 319 / 383 | 96% | $105K | 305 |
| Investment refinance | 42% | 42 / 100 | 95% | $115K | 40 |
| Investment home improvement | 21% | 24 / 114 | 88% | $125K | 21 |
First Commonwealth Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Pennsylvania | 73% | $105K | 7,554 | 5,113 |
| Ohio | 81% | $105K | 3,957 | 2,968 |
| Florida | 88% | $305K | 33 | 27 |
| Kentucky | 76% | $85K | 33 | 24 |
| Illinois | 100% | $475K | 7 | 7 |
| Indiana | 83% | $305K | 6 | 5 |
| North Carolina | 100% | $345K | 5 | 5 |
| South Carolina | 100% | $155K | 5 | 5 |
| Michigan | 100% | $105K | 4 | 4 |
| Delaware | 50% | $295K | 2 | 1 |
| Georgia | 100% | $465K | 2 | 2 |
| Minnesota | 100% | $165K | 2 | 2 |
| New Jersey | 100% | $105K | 2 | 2 |
| Kansas | 100% | $245K | 1 | 1 |
| Texas | 100% | $295K | 1 | 1 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.